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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
Income Statement [Abstract]        
Sales $ 398,542 $ 406,710 $ 789,415 $ 613,844
Costs and Expenses        
Cost of sales 301,296 305,155 595,150 452,236
Gross margin 97,246 101,555 194,265 161,608
Selling, general and administrative 36,239 37,414 67,762 69,558
Operating income from continuing operations 61,007 64,141 126,503 92,050
Interest expense 27,770 28,144 56,476 35,615
Equity in (earnings) loss of unconsolidated subsidiaries (974) 0 (2,394) 0
Other (income) expense, net (88) 55 (50) 28
Income from continuing operations before income taxes 34,299 35,942 72,471 56,407
Income tax expense 5,967 10,822 15,617 15,922
Net income from continuing operations 28,332 25,120 56,854 40,485
Income from discontinued operations, net of tax 0 6,737 0 15,449
Loss on disposal of discontinued operations, net of tax 0 (89,427) 0 (89,427)
Net income (loss) from discontinued operations 0 (82,690) 0 (73,978)
Net income (loss) 28,332 (57,570) 56,854 (33,493)
Dividends on preferred stock (3,600) (1,040) (7,200) (1,040)
Net income (loss) available to common shareholders $ 24,732 $ (58,610) $ 49,654 $ (34,533)
Basic earnings (loss) per share        
Earnings (loss) per common share from continuing operations (in dollars per share) $ 0.99 $ 0.97 $ 1.99 $ 1.59
Earnings (loss) per common share from discontinued operations (in dollars per share) 0 (3.33) 0 (2.99)
Basic earnings per common share (usd per share) 0.99 (2.36) 1.99 (1.39)
Diluted Earnings (Loss) Per Share [Abstract]        
Diluted earnings per common share (usd per share) 0.97 (1.91) 1.95 (1.13)
Earnings (loss) per common share from continuing operations (in dollars per share) 0.97 0.93 1.95 1.57
Earnings (loss) per common share from discontinued operations (in dollars per share) $ 0 $ (2.85) $ 0 $ (2.70)
Weighted average shares outstanding        
Weighted average number common shares, basic (shares) 25,054,000 24,836,000 24,997,000 24,772,000
Weighted average number common shares, diluted (shares) 29,210,000 29,059,000 29,196,000 27,428,000
Cash dividends declared per common share (usd per share) $ 0.17 $ 0.17 $ 0.34 $ 0.34